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Philippine Bar review · Question

Practice question: VAT Exempt Persons and Transactions

Essay Hard

Practice question

Compare qualifying personal professional tools imported by a person settling in the Philippines with industrial machinery claimed under the same exemption.

Legal references

  • RA 10963, Section 34, NIRC Section 109, read with subsequent amendments: https://lawphil.net/statutes/repacts/ra2017/ra_10963_2017.html

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